CODE OF VIRGINIA

(REPEALED EFFECTIVE OCTOBER 1, 2016) PAYMENT OF INTEREST ON DEBT OF UNIVERSITY;
SINKING FUND (§ 23-67)

Out of the appropriation made by the General Assembly for the support of the
University of Virginia, there shall be first set apart, annually, a sum
sufficient to pay the interest accruing on the existing interest-bearing debt of
the University, except as provided in § 23-21, and to constitute a sinking fund
for the liquidation of the principal of the same; and such sum shall be applied
to no other purpose or object whatever.

HISTORY: Code 1919, § 820.